Current Assets
Total Current Assets
Shopify Total Current Assets increased by 2.4% to $8.50B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $7.45B to $8.50B. Over 2 years (FY 2023 to FY 2025), Total Current Assets shows an upward trend with a 15.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026May 5, 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical Data
7 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $6.28B | $7.25B | $7.45B | $8.00B | $8.71B | $8.30B | $8.50B |
| QoQ Change | — | +15.6% | +2.6% | +7.5% | +8.8% | -4.7% | +2.4% |
| YoY Change | — | +15.6% | — | — | — | +14.4% | +14.1% |
Range$6.28B – $8.71B
CAGR+22.4%
Avg YoY Growth+14.7%
Median YoY Growth+14.4%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Shopify's total current assets?
- Shopify (SHOP) reported total current assets of $8.50B in Q1 2026.
- How has Shopify's total current assets changed year-over-year?
- Shopify's total current assets increased by 14.1% year-over-year, from $7.45B to $8.50B.
- What is the long-term trend for Shopify's total current assets?
- Over 2 years (2023 to 2025), Shopify's total current assets has grown at a 15.0% compound annual growth rate (CAGR), from $6.28B to $8.30B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.